Something Just Snapped At The Comex (Zero Hedge), page-101

This is how to fix deflation? But US is exempted.


STOCKHOLM, Sept 16 (Reuters) - Inflation is rising and the economy is strengthening, but worries about international developments mean Swedens central bank is ready to act if the current uptick in prices flags, the minutes of the Riksbanks latest meeting showed on Wednesday. Ultra-low interest rates have helped push up prices, but worries over China, falling energy prices and volatile markets mean the Riksbank needs to maintain a high level of preparedness to make monetary policy even more expansionary, even between ordinary monetary policy meetings, should the inflation outlook deteriorate, the central bank said in a statement. The Riksbank held its benchmark rate at a record low -0.35 percent at its last meeting on Sept. 3 and said it cut rates further or increase asset purchases to make policy more expansionary. ID:nL5N11911M The next repo rate decision is due on Oct. 28. (Reporting by Stockholm Newsroom; Editing by Simon Johnson) (([email protected]; +46-(0)8-700 11 63; Reuters Messaging: [email protected])) Keywords: SWEDEN CENBANK/MINUTES